Sharm El Sheikh| Airbnb Market Data & Overview | Egypt
Sharm El Sheikh Airbnb
Market Data & Overview Egypt
Is it profitable to do Airbnb in Sharm El Sheikh,
Egypt?
What is the occupancy rate of Airbnb in Sharm El Sheikh,
Egypt?
What is the average daily rate of Airbnb in Sharm El Sheikh,
Egypt?
Sharm El Sheikh, Egypt Airbnb Data
Last updated on: 15th April, 2024
Egypt / Sharm El Sheikh
Investing
in a short-term rental can be highly stable and
profitable. It’s stable because housing has been
one of the most stable asset classes. Also, when
you can’t do an Airbnb anymore, you can still
rent it out to a long-term tenant with a lower
yield. It is highly profitable because the
monthly cash flow from short-term rental
investment typically is double the amount of
traditional rentals.
Without further ado, let’s see if
Sharm El Sheikh is good for
Airbnb.
No,
at least on a surface level. The short-term rental market is not an exciting thing in Sharm El Sheikh..
Occupancy Rate
46%
EGP3
Daily Rate
EGP458
Revenue (2023)
790
Number of Listings
A typical short-term rental listing in Sharm El Sheikh is
booked for 168 nights a year,
with a median occupancy rate of
46% and an average daily
rate of EGP3. In
Sharm El Sheikh, A typical host income (annual revenue)
was EGP458 in 2023.
There are 790 active Airbnb listings
as of 2024-04-15.
A 46% median occupancy rate is considered a risky market to do an Airbnb. There are definitely few hosts making good income, but you may struggle to get year-round bookings. We suggest you do further research on this market.
Best Areas in Sharm El Sheikh for Airbnb
Best Areas in Sharm El Sheikh for Airbnb Are you wondering where
to invest in Sharm El Sheikh? Look no further! Here are 10 areas
travelers often search for. You can find the short-term
rental statistics of all of these neighborhoods from
Airbtics! Check out which neighborhood has the highest
rental demand. 🚀
Naama Bay
Ras Mohammed National Park
Shark’s Bay
SOHO Square
Na’ama Bay Beach
Tiran Island
Ras Um Sid
Nabq Protected Area
Old Market
Terrazzina Beach
Okay, you might wonder about more specific data. For
example, how much can an average listing with 4 bedrooms
and a pool make? Or, what is the seasonality in booking?
When is the peak month?
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